Sculptor Capital LP Makes New Investment in WhiteFiber, Inc. $WYFI

Sculptor Capital LP bought a new stake in shares of WhiteFiber, Inc. (NASDAQ:WYFI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 40,000 shares of the company’s stock, valued at approximately $476,000. Sculptor Capital LP owned approximately 0.10% of WhiteFiber at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Galaxy Digital Inc. purchased a new stake in shares of WhiteFiber in the first quarter worth approximately $834,000. Sei Investments Co. grew its position in WhiteFiber by 196.0% during the first quarter. Sei Investments Co. now owns 72,138 shares of the company’s stock valued at $859,000 after purchasing an additional 47,770 shares in the last quarter. Cetera Investment Advisers acquired a new position in WhiteFiber in the 1st quarter valued at approximately $203,000. Buffalo Business & Estate Services Ltd. purchased a new stake in WhiteFiber in the 1st quarter worth approximately $602,000. Finally, Feynman Point Asset Management LLC purchased a new position in shares of WhiteFiber during the 4th quarter valued at $2,511,000.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of WhiteFiber in a research note on Wednesday, June 24th. B. Riley Financial reissued a “buy” rating on shares of WhiteFiber in a research report on Monday, May 18th. BTIG Research boosted their target price on WhiteFiber from $35.00 to $50.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Barclays upped their target price on WhiteFiber from $27.00 to $29.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Finally, Needham & Company LLC raised their price target on WhiteFiber from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, WhiteFiber currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.83.

WhiteFiber Stock Performance

WYFI stock opened at $23.63 on Monday. The firm has a 50 day moving average of $31.27 and a two-hundred day moving average of $22.29. WhiteFiber, Inc. has a 12 month low of $10.51 and a 12 month high of $46.87. The company has a market capitalization of $912.35 million and a price-to-earnings ratio of -16.30. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.63.

WhiteFiber (NASDAQ:WYFI) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.07). The business had revenue of $21.92 million for the quarter. WhiteFiber had a negative net margin of 45.24% and a negative return on equity of 9.40%. The company’s quarterly revenue was up 30.4% on a year-over-year basis. As a group, equities analysts anticipate that WhiteFiber, Inc. will post -1.26 EPS for the current fiscal year.

WhiteFiber Company Profile

We believe we are a leading provider of artificial intelligence (“AI”) infrastructure solutions. We own high-performance computing (“HPC”) data centers and provide cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services, for customers such as AI application and machine learning (“ML”) developers (the “HPC Business”). Our Tier-3 data centers provide hosting and colocation services. Our cloud services support generative AI workstreams, especially training and inference.